Axios

The pilots working for two of the U.S.' largest airlines are calling on the companies to meet their demands as they continue negotiations for new contracts amid unprecedented demand for air travel and staffing shortages.

Driving the news: Ahead of the holiday travel season, Delta Air Lines pilots are warning that they're willing to go on strike to achieve higher wages, better benefits and greater schedule flexibility.

Walmart has released details for its first round of Black Friday deals that start Monday with savings on toys and electronics.

Why it matters: The world’s largest retailer is spreading the specials throughout November like its competitors to lure in consumers stung by high inflation who want to stretch their budgets.

Insider is planning to restructure its newsroom to bring more content in front of its paywall, Nicholas Carlson, global editor-in-chief of Insider, told Axios. About 60 paywalled writers are expected to have their work moved in front of the publication's paywall.

The big picture: The moves are part of a broader effort to get ahead of any economic turmoil in the months ahead.

Sen. Chris Murphy (D-Conn.) on Monday called for an investigation into the national security implications of a company partially owned by Saudi Arabia maintaining its stake in Twitter following Elon Musk's $44 billion acquisition of the platform.

What they're saying: "Today I am requesting the Committee on Foreign Investment — which reviews acquisitions of U.S. businesses by foreign buyers — to conduct an investigation into the national security implications of Saudi Arabia's purchase of Twitter," Murphy said on the social media platform.

Jeff Zucker, whose nine-year run atop CNN ended this past February, is in advanced talks to join private equity firm RedBird Capital Partners.

Why it matters: Zucker would give added media industry depth to RedBird, as it increases its focus on professional sports investing.

New labor market figures out Tuesday show that despite all the recession chatter of the last few months, jobs remain abundant and layoffs few.

Why it matters: The data is backward-looking and subject to notable revisions. But even more up-to-date job market indicators — including low levels of people filing for unemployment — tell a similar story. Even with historically aggressive monetary tightening and gloomy vibes, the labor market still has plenty of the features it enjoyed at the height of the economy's boom times.

Johnson & Johnson on Tuesday said it's agreed to buy Massachusetts-based heart pump maker Abiomed for around $16.6 billion in cash.

Why it matters: This is J&J's largest acquisition in more than five years, and reflects how the company is expanding its medical devices and medicines efforts ahead of its consumer health unit spinoff.

Amazon Prime members can now listen to 100 million songs and an assortment of podcasts without paying more as part of a benefit upgrade announced Tuesday.

Why it matters: The expanded Amazon Music benefit, a massive increase from 2 million shuffle-free songs, comes after Walmart added Paramount+ and Spotify Premium to its Walmart+ subscription.

If Sen. Chris Murphy (D-Conn.) gets his way on Twitter, it could open the oversight floodgates for a Biden administration that's been much cooler toward MBS and company than was its Saudi slobbering predecessor.

Why it matters: This is one to watch for any U.S. tech company that's taken Saudi money, or any company thinking about doing so.

The Treasury Department announced Tuesday that new Series I bonds will pay a 6.89% annual interest rate for the next six months.

The big picture: This is the third-highest rate since the I bonds were first established in 1998, according to CNBC. The previous interest rate was 9.62%.

Parrot Analytics, a firm used by many major Hollywood studios to understand audience demand for streaming content, plans to unveil a new measurement system that predicts the monetary value of streaming titles for a particular service.

Why it matters: This type of revenue modeling could bring a new level of transparency to Hollywood dealmakers, impacting everything from the way agents negotiate on behalf of their clients to the way directors pitch their films and shows.

Instagram is funding a new slate of content from ATTN:, the millennial-focused digital media company, that's designed to combat Spanish-language misinformation ahead of the midterms, the companies told Axios.

Why it matters: Instagram has historically opted not to pay publishers for their content, but it has paid ATTN: in the past to create viral content designed to encourage young people to vote.

CVC Capital Partners is looking to partner with Group Black on its bid to buy BDG Media, according to sources. Fellow private equity giant Blackstone has also eyed a role in Group Black's pursuit of BDG, sources say.

Why it matters: The private equity interest in the BDG process adds serious weight to the acquisition effort and puts another spotlight on the media company after it abandoned efforts to pursue a SPAC.

McDonald's is moving from Halloween buckets to the kingdom of Wakanda for its latest Happy Meal, inspired by Marvel Studios' Black Panther sequel.

The big picture: The new "Black Panther: Wakanda Forever" Happy Meal is the fast-food chain's latest attempt to drive sales using a nostalgia and collectible play with a movie blockbuster.

Marketers see their jobs as being more important than ever as economic conditions turn, a new Salesforce study concludes.

Why it matters: Companies still have to grow during downturns, and "efficient" marketing can bring in more customers during austere times, Salesforce president and CMO Sarah Franklin tells Axios exclusively.

Get ready to learn a whole lot about how much companies pay their workers. Starting Tuesday, New York City employers must disclose salary information in job ads, thanks to a new pay transparency law that will reverberate nationwide.

Why it matters: This isn't just a Big Apple thing. Pay transparency is catching on around the country, as part of a push to shrink gender and racial pay gaps. It's upending the way companies handle compensation, and how employees and job candidates negotiate for more money.

Sarah Personette, Twitter's chief customer officer who's been with the company for more than four years, is leaving the company, following a string of senior Twitter executives that exited shortly after Elon Musk's Twitter takeover.

The big picture: Nearly every major C-suite executive is out at Twitter. The company's former CEO, CFO, general counsel and policy chief were let go Thursday.

Women land 48% of entry-level roles in private equity, finds a new report. So you'd think the industry was nearing parity. Think again.

The big picture: The percentage of women in private equity who hold investing roles at these firms is much lower, according to data out Tuesday morning from McKinsey & Co.

ESPN chairman Jimmy Pitaro is looking to capitalize more on the network's brand equity through betting partnerships beyond promotions, possibly licensing ESPN's brand equity to a sports book.

Why it matters: A brand licensing deal could meaningfully expand ESPN's foray into betting without going so far as facilitating actual bets.

2022 is looking unhappily like 2000 for the tech industry.

The big picture: In both this year and 2000, tech stocks took a tumble in the spring after peaking in the stratosphere. Then six months later, with a recession looming, big companies started cutting payrolls and startups began measuring burn-rate runways.

Oleg Tinkov, one of the first Russian tycoons to criticize Putin's war on Ukraine, announced Monday he's renouncing his citizenship.

Driving the news: "I have taken the decision to exit my Russian citizenship," wrote Tinkov, who's a citizen of Cyprus, Monday in an Instagram post. "I can't and won't be associated with a fascist country, that started a war with their peaceful neighbor."

Taylor Swift made Billboard Hot 100 history by becoming the first artist ever to claim every top 10 spot, the music charting website announced Monday.

What she's saying: "10 out of 10 of the Hot 100??? On my 10th album??? I AM IN SHAMBLES," the singer tweeted Monday.

Twitter co-founder Jack Dorsey retained a 2.4% stake in the microblogging site after Elon Musk completed his $44 billion acquisition, according to a new filing with the Securities and Exchange Commission.

By the numbers: The filing indicates that Dorsey rolled over some 18 million shares when Twitter became private.

A federal judge blocked on Monday Penguin Random House's move to acquire rival publisher Simon & Schuster in a win for the Biden administration, which has sought to push the envelope of antitrust enforcement.

Why it matters: The ruling, which comes after a three-weeklong trial, would significantly impact the publishing industry, though Penguin Random House plans to appeal.